Nike, Inc.

Washington, D.C. - Jim Sinegal, Costco co-founder and board member, will receive the Gold Medal Award in 2014 during the National Retail Federation (NRF) Annual Conference and Expo in New York City. In addition, NRF has named South Korea’s Lotte Shopping as the International Retailer of the Year.

Nike has been named Retail Innovator of the Year, and Half Price Books’ Executive VP  and chief strategy officer Kathy Doyle Thomas has been selected as 2014’s Silver Plaque recipient.

The National Retail Federation will honor Jim Sinegal, Costco co-founder and board member, with its Gold Medal Award during Retail’s BIG Show.

Additionally, NRF has named South Korea’s Lotte Shopping as the International Retailer of the Year. Shin Heon, president and CEO of the company, will accept the award. Nike has been named Retail Innovator of the Year, and Half Price Books’ EVP and chief strategy officer Kathy Doyle Thomas has been selected as 2014’s Silver Plaque recipient.

By Punit Kulkarni, Symphony Analytics

Johor, Malaysia — Genting Simon, a joint venture between Genting Group and Simon Property Group, has announced the opening of the second phase of Johor Premium Outlets in Johor, Malaysia.

The expansion has added 40 new stores and 100,000 sq. ft. to the center, bringing the store total to 120.

Five new members were named to the board of the Word of Mouth Marketing Association this week, an organization focused on the interests of social media marketers.

The Word of Mouth Marketing Association, or WOMMA, was founded in 2004 and the newest members of the group’s board include: Mark Bisard, vp and senior counsel of American Express; Christine Morrison, group Social media manager for Intuit; Kathy Baughman, president and co-founder of ComBlu; Patti Regan, president and CEO of The Regan Group and Emily Bader, EVP of strategic planning  Zocalo Group.

Plano, Texas – J.C. Penney says it is making continued progress in its turnaround after reporting some strong financial results for October 2013. Preliminary results indicate that compared to the same month in the prior year, same-store sales increased 0.9%, online sales grew 37.6%, and conversion continued to improve, which Penney says reflects favorable customer response to promotional events and improved inventory levels.

J.C. Penney scored a major victory during October with same stores sales up 0.9%. That may not seem like much, but for a company that has been written off by many the meager increase offers an encouraging tailwind heading into what retailer’s nationwide expect to be a challenging holiday season.

Nike has promoted Scott LeClair, currently the brand’s VP and GM of Nike Skate and Nike Snow, to the position of VP of action sports. He will be responsible for leading the category as well as for Hurley International.

He replaces Nike veteran Roger Wyett, who has decided to retire according to the company.

It’s 2020, and our shopper is ready to relax after a busy and productive Saturday. She started off the day at Kohl’s, where she tried on several cocktail dresses a store associate had texted her about earlier. The associate knew from past purchases that our shopper favored animal prints and a-line cuts.

Rakuten LinkShare saw strong third quarter results in its global performance marketing network. Along with double-digit growth, the affiliate network reported a significant increase in the percentage of sales transacted on mobile devices.

The company reported an increase in same store sales in the U.S. of 22% year-over-year, and an increase in same store sales in the U.K. of 34% year-over-year.